RISK RETURN TRADE-OFF OF BIT COINS” – A STUDY ON USD, EURO, JPY & INR

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Dr.K.R.Pundareeka Vittala, Dr.Smitha B Nair

Abstract

The usage of Bit coin has emerged as enormous in many exceptional structures in recent years. Digital cash is not absolutely managed and regulated therefore most of the international locations have not admitted this currency in their financial sports. This paper studies about crypto currency’s current legality in addition to future government actions and its impact on those currencies.


The present paper examines the returns offered by Bit coins on various currencies like USD, INR, EURO and JPY. An attempt has been made to ascertain and analyse the risk involved in trading the Bit coins on the various chosen currencies. Paper also focuses on identifying the impact of trading one currency with another. Study has been conducted using data for the time period of January 2018 to December 2021. Descriptive statistics has been used for analysing the data. Single factor Anova has been used for testing Hypothesis. Further correlation coefficient has also been calculated to examine the relativity of trading in the all the four chosen currencies of Bit coins. 


 

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